brett, RED is an undervalued gold stock.Upside from higher gold...

  1. noo
    1,465 Posts.
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    04/12/09
    10:25
    Post #: 6002717
    brett, RED is an undervalued gold stock.


    Upside from higher gold prices. If you use a long term gold price of the current (Just say)US$1100/oz (AUD0.93) the NPV becomes $0.35.IMO

    The equity placement was over subscribed with thirty one new
    institutions joining the register.
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